business
GE HealthCare to Acquire Intelerad for $2.3 Billion
GE HealthCare is buying medical imaging software provider Intelerad so it can further expand into outpatient and ambulatory care settings. Source link
Intuit Sales Jump, and CFO Cites AI Demand From Midsize Businesses
More businesses are signing onto Intuit’s QuickBooks platform in an effort to cut down on hours of administrative work by automating accounting, invoicing and payroll processes, CFO Sandeep Aujla said. Source link
Health Care Roundup: Market Talk
Find insight on Abbott, Novartis and more in the latest Market Talks covering Health Care. Source link
Bath & Body Works CEO Says Former Strategy Failed to Drive Growth
Shares fell 25% after the retailer reported a drop in sales and earnings and slashed its forecast for the year. Source link
Ross Stores Lifts Full-Year View on Higher Same-Store Sales
The off-price retailer raised its guidance as same-store sales rose 7%, ahead of the 3.9% growth Wall Street anticipated. Source link
Second Large Fire at Ford Aluminum Supplier Threatens Production
The Novelis plant in New York had aimed to resume production in December. Source link
Energy Department Cuts Two Major Clean-Energy Offices
The Trump administration has slashed funding and support for renewable energy and other climate-related projects. Source link
UPS Plane-Crash Probe Identifies ‘Fatigue Cracks,’ Metal Stress
Federal investigators are focusing on an engine mount on the wing of the McDonnell Douglas cargo plane. Source link
Elliott Management Builds Stake in Barrick, Encouraged by Breakup Prospects, Source Says
The activist investor is putting pressure on the gold and copper producer to consider splitting up its operations. Source link
Auto & Transport Roundup: Market Talk
Find insight on China’s auto industry and more in the latest Market Talks covering Auto and Transport. Source link